Rare Coin Wholesalers
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| Company type | Private |
|---|---|
| Headquarters | Irvine, California, U.S. |
Key people | Steve Contursi President |
Rare Coin Wholesalers is a rare coin company that specializes in United States rare coins. Located in Irvine, California, Rare Coin Wholesalers buys, sells, appraises and trades rare coins and precious metals.[1] Originally established as a S.L. Contursi company in 1990[2], the owners have bought and sold over a billion dollars worth of rare coins[1].
Rare Coin Wholesalers sustains a rotating inventory of tens of millions of dollars’ worth of rare numismatic coins[3]. RCW has either owned or participate in the purchase and sale of a majority of the “100 Greatest U.S. Coins” published by Whitman Publishing[3]. The Neil/Carter/Contursi 1794 Flowing Hair Silver Dollar[4], the King of Siam Proof Set[5] and the Unique 1787 Brasher Doubloon [6] are just a few of the rarities that RCW has had in its inventory[7].
Notable transactions
In March 2004, the American Numismatic Association and the company's president, Steven Contursi, a professional numismatist since 1976, exposed new evidence about “Uncle Sam’s first buck.”[8] This specific coin, named the Neil/Carter/Contursi specimen 1794 Flowing Hair Dollar[9], is believed by most experts to be the first silver dollar stuck in the U.S. Mint. In May 2010, Contursi sold the Neil/Carter/Contursi 1794 Silver Dollar for $7.85 million, setting a world record for the highest amount ever paid for any single coin[10].
In December 2011, the unique Brasher Doubloon, the first gold coin made for the young United States, was sold by Steven L. Contursi of Laguna Beach, California, to Certified Acceptance Corporation (CAC) of Far Hills, New Jersey. An undisclosed Wall Street investment firm subsequently has purchased it from Blanchard and Company of New Orleans, Louisiana for a record price of nearly $7.4 million, the most money ever paid for this historic rare coin[11]. Most recently, Steve Contursi donated the 1792 Half Disme, an early American coin valued at more than $220,000, to the ANA’s Money Museum.[12]
References
- ^ a b "Rare Coin Wholesalers". Rarecoinwholesalers.com (Official website). Retrieved April 27, 2012.
{{cite web}}: External link in|publisher= - ^ "BBB Business Review: Rare Coin Wholesalers". Los Angeles Better Business Bureau. Retrieved April 27, 2012.
{{cite web}}: External link in|publisher= - ^ a b Rare Coin Wholesalers. "Rare Coin Wholesalers". Irvine: Rare Coin Wholesalers, 2010. Print.
- ^ "1794 silver dollar sells for record $7.85 mn". The Economic Times. May 21, 2010. Retrieved April 27, 2012.
{{cite web}}: External link in|publisher=|publisher=(help) - ^ Muir, Jennifer. "California Man Makes Largest Single Coin Transaction in U.S. History." The Orange County Register 17 Nov. 2005. Print.
- ^ Adelson, Andrea. "$3 Million Buys a Coin Held by Geo. Washington." The Laguna Beach Independent 4 Feb. 2005. Print.
- ^ "Rare Coin Wholesalers. About". Rcw1.com. Retrieved 2012-04-14.
- ^ Wilson, Amy. "Silver Piece, Golden Potential." OC Register 2 Aug. 2003. Print.
- ^ Healey, Matthew (May 23, 2010). "$7.85 Million for U.S. Coin, and Extra for a Stamp". The New York Times. Retrieved April 27, 2012.
{{cite web}}: External link in|publisher=|publisher=(help) - ^ "1794 silver dollar sells for record $7.85 million". Today.msnbc.msn.com. Updated: May 20, 2010. Retrieved 2012-04-14.
{{cite web}}: Check date values in:|date=(help) - ^ Contursi, Steven L. (2011-12-19). "Unique, Early American Brasher Doubloon Gold Coin Sold for Record Price". News.yahoo.com. Retrieved 2012-04-14.
- ^ "Money Museum receives 1792 Half Disme from California coin dealer". American Numismatic Association. January 25, 2011. Retrieved April 27, 2012.
Additional sources
- Associated Press (November 2, 2005). "Collector buys coins once given to king". 'Charleston Daily Mail. Retrieved April 27, 2012.
{{cite web}}: Italic or bold markup not allowed in:|publisher=(help)
External links
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